Wabash National Corporation (WNC)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	231,252	222,332	203,173	151,397	112,258	45,483	20,321	10,021	1,164	31,971	24,850	12,452	-97,412	-84,531	-62,958	-31,852	89,575	82,784	61,988	62,930
Revenue (ttm)	US$ in thousands	2,536,500	2,597,849	2,620,171	2,576,320	2,502,129	2,323,957	2,151,373	1,958,026	1,803,268	1,728,069	1,597,087	1,486,818	1,481,889	1,656,812	1,886,136	2,173,036	2,319,136	2,350,331	2,322,496	2,309,133
Net profit margin		9.12%	8.56%	7.75%	5.88%	4.49%	1.96%	0.94%	0.51%	0.06%	1.85%	1.56%	0.84%	-6.57%	-5.10%	-3.34%	-1.47%	3.86%	3.52%	2.67%	2.73%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $231,252K ÷ $2,536,500K
= 9.12%

The net profit margin of Wabash National Corp. has been showing a consistent upward trend over the past eight quarters. The company's net profit margin increased from 4.49% in Q4 2022 to 9.12% in Q4 2023, indicating a significant improvement in profitability over this period. This upward trajectory suggests that Wabash National Corp. has been effectively managing its expenses and increasing its profitability relative to its revenue.

The company's ability to steadily improve its net profit margin reflects its operational efficiency and cost control measures. The consistent growth in net profit margin from 0.51% in Q1 2022 to 9.12% in Q4 2023 demonstrates a strong performance in terms of generating profits from its operations.

Overall, the positive trend in Wabash National Corp.'s net profit margin signifies the company's success in maximizing its profitability and creating value for its stakeholders. It indicates that the company is effectively managing its resources and generating healthy returns on its investments.